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415 points joice | 1 comments | | HN request time: 0s | source
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youssefabdelm ◴[] No.41858250[source]
* Fine print: For successful projects only, and up to $100K per year per project

——

From their FAQ:

> Currently, our focus is on supporting existing, widely used, and impactful projects to specifically contribute to their sustainability. Very new projects or projects with minimal usage are not considered for the time being.

> A project can apply for funding of up to $100,000 in one year. To keep the logistics and operational overhead of the fund reasonable, we accept requests in denominations of a minimum of $10,000 and multiples of $25,000 thereafter.

https://floss.fund/faq/

A better title: Floss/fund: Up to $100K/year for popular open source projects

Still admirable though...

replies(4): >>41859149 #>>41859499 #>>41859697 #>>41861745 #
ohashi ◴[] No.41859499[source]
I was curious how they might handle something that isn't ready yet, but in the process of being built. But that answers it, it's not eligible. Oh well :( Plenty of good open source out there deserving as well.
replies(2): >>41860194 #>>41860423 #
DowagerDave ◴[] No.41860194[source]
you're describing a startup with no business model.
replies(1): >>41899353 #
1. ohashi ◴[] No.41899353[source]
You seem to be mistaking that a startup is a business and an open source project doesn't need to be. One can simply want to build something and give the code away for free because the world benefits far more from that than trying to monetize it as a business and having fewer people use it.